Affordable mortgage money and in many areas really mouth-watering prices are helping the real estate market out, but it needs much more than that in this frustrating economic environment. The famous up to $8,000 tax credit, it is due to expire at the end of November, for first-time home buyers di
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10/13/2009
Solid information on the topic from Mike. Think like an investor and come out ahead of the game.Walk in to any big box home improvement store and you'll be faced with tons of magazines about remodeling your kitchen...your bath... your garage... your whatever they think they can make money on. Ser
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10/12/2009
Southern Nevada - accommodating communities like Anthem, Summerlin, Henderson, Mountains Edge, North Las Vegas, Southern Highlands and Pahrump - resale housing segment took a cautious step forward in September, after going the other way in August. A curious trend might be developing, actually so
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10/10/2009
This bill, if passed, would put quite a bit more urgency on mortgage lenders to do more loan modifications, as Claudette's blog here explains. Good read.Four senators are putting their muscle behind a new housing bill intended to prohibit lenders operating in the U.S. from foreclosing on home own
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10/09/2009
One of the key mortgage segments funding home purchases in the recent past has been warehouse lending. The concept can be defined as short-term lending by large commercial banks or other financial institutions for non-depository mortgage brokers and bankers. Using originated mortgages as collater
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10/08/2009
The real estate market blowup hasn't spared any segments from its fury here in Southern Nevada - including Henderson, Anthem, Mountains Edge, Southern Highlands, Summerlin and North Las Vegas. Condominiums have been spanked as harshly as the single-family houses. Luxury high-rise condos on the St
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10/06/2009
Very timely info for Las Vegas, Nevada, homeowners, and others around the nation, who are contemplating a short sale. Behind on your mortgage, underwater and thinking about a short sale for your home? Short sellers beware—your lender may lie. According to recent reports, almost 8% of all home m
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10/05/2009
The home loan industry has been steadily resisting giving homeowners any principal reduction breaks throughout this real estate inferno.The government has been all over it to do mortgage modifications at a reasonable clip in an effort to keep the foreclosure epidemic from getting out of control.
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10/03/2009
Gerry gives a timely update on USDA mortgages, the rural home loan finance alternative. Excellent program to look into and see if it is applicable. Last Friday the USDA formally announced it was entering its annual "roll over" of funding as of its new fiscal year October 1st. This mainly administ
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10/02/2009
Southern Nevada - including Henderson, Summerlin, Southern Highlands, Green Valley, Mountains Edge, Anthem and North Las Vegas - has graced the pages of many publications in recent years regarding the improbable real estate meltdown and subsequent mortgage foreclosure rampage here. It usually end
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10/01/2009
